Location map
author: CIA

- Southeast Europe;
- Neighbours: Macedonia, Albania, Montenegro, Serbia.

- influenced by continental air masses resulting in relatively cold winters with heavy snowfall and hot, dry summers and autumns;
- Mediterranean and alpine influences create regional variation;
- maximum rainfall between October and December.

Macro indicators
* 2018 estimates
Pop. density*:165.9people/km2
GDP*:6.8EUR billion

European Union:
Potential candidate

Currency: Euro
Code: EUR
- unilaterally adopted EUR currency

Insurance market portfolio
* 2018 estimates




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Kosovo 1Q2023 Market Portfolio

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Kosovo FY2022 Market Portfolio

See all statistics

Latest news

Kosovo insurers profits more than doubled

Kosovo insurers reported FY2021 aggregate net profit of EUR 8.7 million, more than double as compared to a year earlier when the same indicator was EUR 4.1 million, Central Bank monthly figures showed.

Kosovo insurers posted 9 months profits of EUR 6 m

Kosovo insurers posted a net profit of EUR 5.9 million in the nine months through September 2021, EUR 1 million more compared to a year earlier, Central Bank monthly figures showed.

STATISTICS: Kosovo insurers posted H1 2021 net profit of EUR 1.5 million

Kosovo active 13 insurers reported aggregate net profit of EUR 1.5 million at the end of June 2021, as compared with a market net profit of EUR 4.9 million at end of H1 2020, according to data provided by the Central Bank (CBK). At the same time, the total assets held by Kosovo insurance companies increased to EUR 230 million, from EUR 208.6 million a year earlier.

STATISTICS: Kosovo insurers posted a quarterly loss of over half million euro

The insurance market of Kosovo totaled EUR 25.7 million at the end of Q1 2021, 12.5% more y-o-y, according to data provided by the Central Bank (CBK).

The figures reveal that the quarterly aggregate market result was negative, the 13 local insurers reporting a net loss of EUR -0.6 million, from a net profit of EUR 2.1 million at the end of March 2020.

STATISTICS: Who are the 2020's biggest insurers in Kosovo?

SIGAL UNIQA, SIGMA VIG and ILLYRIA are, in terms of FY2020 GWP, the largest insurance companies that are active on Kosovo insurance market, according to the market shares presented by Slovene re/insurer SAVA Re in its 2020 Annual Report.